Mr. Lieberman notes that the public option serves no other purpose: "It doesn't help one poor person get insurance who doesn't have it now. It doesn't compel one insurance company to provide insurance to somebody who has an illness. And . . . it doesn't do anything to reduce the cost of insurance."
Mr. Lieberman dismisses Democratic arguments that it is necessary to keep insurers honest. "Sometimes the private sector does things that are wrong, and when they do, you regulate—sometimes you litigate," he says. "But never in the history of America . . . have we tried to keep one industry honest by having government go into that business to compete with the industry."
Read Joe Lieberman's article in the Wall Street Journal.
